New Delhi, March 20 -- Furniture rental startup Rentomojo is expected to file its draft papers in the coming weeks for a listing to raise about Rs.1,000-1,200 crore, three people familiar with the matter said.

The firm is targeting a valuation between Rs.5,000-7,000 crore for a listing and has appointed IIFL, Motilal Oswal and Axis Capital as advisors to help with the issue, the people added.

"The listing, which is expected to happen in FY27, is largely dominated by an offer for sale by existing investors with a smaller primary component to raise fresh capital for expansion plans," one of the people cited above said on the condition of anonymity.

If it goes as planned, Rentomojo will join the growing list of startups such as PhonePe, F...